Critical Minerals Corner with Jack Lifton – Impact of Biden Admin on Rare Earths

6 responses

1. 

   Ron Malashewski

   It’s always great to hear Jack’s perspective.

   I am one of those “old enough” to remember that period between 2007-2010.

   I remember some of the discussions that I had with Jack back then regarding the outlook for rare earths.

   At that time, from the research that I read, no one predicted the demand for, or the proliferation of electric vehicles that we are seeing now.

   This is déjà vu. Back in 2007-2010 Molycorp rose to be the darling of the US rare earths sector, ultimately pushing $80 before the collapse and eventual bankruptcy.

   As well, during the early days, there were only a handful of rare earth explorers and developers in North America and Australia at that time. Then came the flood of mineral exploration companies into the market changing their names to something related to rare earths, to jump on that train. Come the collapse, most of them dropped out of the scene.

   But, look at where we are now. Molycorp has been resurrected under MP Materials, there remain only a handful of (more advanced) rare earth developers and, China is still in control.

   And, look at the fundamentals… more compelling than ever. I think the future looks great for the sector.

   I lived in Calgary in the 80’s during the old boom, and collapse. After the collapse, there were actually bumper stickers that said “Please God, let there be another oil boom. This time we won’t piss it away”.

   Perhaps that can be said about the rare earth sector, this time around…

   Jack, I always appreciate your perspective and perseverance in this sector.

   January 18, 2021

   Reply
2. 

   Tom Zabian

   Ucore is the only clear choice on US SOIL that has the heavys
   What is the problem with Ucore of any?

   January 19, 2021

   Reply
   1. 

      Stewart McKay

      Tom Ucore is on a heater, they are up 2x in the last week. Alaska’s AIDEA is showing strong interest in an SMC plant…sit tight i think they are on the brink of something big! We should know soon if DOD funding will be coming Ucore’s way.

      January 26, 2021

      Reply
3. 

   Stewart McKay

   Jack, hypothetically, what do you think the chance is of an amalgamation with Ucore and Mountain Pass. I ask this because Ucore if loaded with heavies, MP with lights, infrastructure and lots of cash. Also Ucore is on the brink on proving Rapid SX technology and AIDEA funding for an SMC plant in Alaska. Lastly, why do you believe Ucore has increased share price 2 fold in the last week? Would it be AISEA’S commitment to the SMC plant? Thanks Jack

   January 26, 2021

   Reply
   1. 

      bob ohneiser

      With all the SPAC funding MP got they would be nuts not to look at processing capability of UURAF for merger or outright acquisition. There are a lot more places to extract these precious RE’s than having to dig them out of the ground so the processing capability of UCORE seems to have strategic significance IMHO.

      September 2, 2021

      Reply
4. 

   Joe O

   Been a ucore “ investor” for a decade. These guys haven’t proved a thing in a decade. So I would really have to see rapid proven with commercial demo and get actual,license deals to believe anything. Also bokan has heavies but is a tiny deposit. Odds are it doesn’t go forward. 10 years life, never get sunk costs back.
   I

   September 7, 2021

   Reply